Knowledge Base
Glossary
Plain-English definitions for the terminology used across Goal Moments.
- Arbitrage
- Betting on all possible outcomes of an event across different bookmakers to guarantee a profit regardless of result.
- Asian Handicap
- A type of bet that eliminates the draw outcome by giving a handicap to each team.
- Bankroll Management
- The practice of setting and sticking to a budget for betting, to avoid excessive losses.
- Bet Builder
- A feature that lets you combine multiple outcomes from a single match into one customized bet.
- Both Teams To Score
- A bet on whether both teams will score at least one goal during the match.
- Cash Out
- An option to settle your bet early for a reduced payout, locking in a profit or minimizing loss.
- Draw No Bet
- A bet on a team to win; if the match ends in a draw, the stake is refunded.
- Free Bet
- A promotional offer giving you a bet at no cost, usually with certain conditions attached.
- Juice
- The commission charged by the bookmaker on a bet, often seen as the difference between true odds and offered odds.
- Live Betting
- Placing bets on a match while it is in progress, with odds that update as the game unfolds.
- Margin
- The bookmaker's built-in advantage, expressed as a percentage, ensuring they profit over time.
- Matched Betting
- A technique using free bets and promotions to create risk-free profits by covering all outcomes.
- Moneyline
- A bet on which team will win a match, with odds displayed as a positive or negative number.
- Odds
- The chance of an outcome expressed as a number, showing how much you can win relative to your stake.
- Odds Boost
- A promotion that increases the odds on a specific selection, offering higher potential payouts.
- Over/Under
- A bet on whether the total number of goals (or points) in a match will be over or under a set number.
- Parlay
- A single bet that links multiple selections; all must win for the bet to pay out.
- Payout
- The total amount you receive if your bet wins, including your original stake and profit.
- Spread
- A point advantage given to the underdog to level the playing field, used in betting.
- Stake
- The amount of money you risk on a bet.
- Staking Plan
- A strategy that determines how much to bet on each wager based on your bankroll and risk tolerance.
- Unit
- A standardized bet size, often a small percentage of your total bankroll, used to measure performance.
- Value Bet
- A bet where the odds offered are higher than the true probability of the outcome, giving an expected positive return.
- Void Bet
- A bet that is cancelled and the stake is returned, usually due to a match being postponed or a rule violation.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings.